Masdar has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm project – one of the first of such projects in Uzbekistan – to up to 1.5 GW.
The agreement was signed in the presence of H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade for the Republic of Uzbekistan, H.E. Alisher Sultanov, Minister of Energy for the Republic of Uzbekistan, and H.E. Saeed Matar Al-Qemzi, UAE Ambassador to Uzbekistan, during an event in Tashkent, Uzbekistan, to celebrate the ground breaking on the project, with H.E. Dr. Sultan Ahmed Al Jaber, UAE Special Envoy for Climate Change, Minister of Industry and Advanced Technology, and Chairman of Masdar, and H.E. Suhail Al Mazrouei, Minister of Energy and Infrastructure for the UAE, attending virtually.
“Expansion of clean power generation capacities by Masdar will support our objective to double the volume of electricity generation by 2030. Masdar will become a strong bridge connecting our countries, through which new Emirati companies will also invest in Uzbekistan.” said H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade for the Republic of Uzbekistan.
HE Suhail Al Mazrouei, the UAE Minister of Energy and Infrastructure, said, “The landmark agreement will enhance co-operation between the Republic of Uzbekistan and the United Arab Emirates in the field of renewable energy.
Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the 500 MW wind farm project, its second utility-scale clean energy project in the country, and one of the largest wind farms in Central Asia. The project will attract foreign direct investment of more than US$600 million.
Extending the capacity of the project, located in the Zarafshan district of the Navoi region of the country, to as much as 1.5 GW will further help Uzbekistan achieve its objectives of adding up to 3 GW of wind energy and meeting 25% of its electricity needs from renewable sources by the end of the decade.